Calverley House, 53-55 and 2-6 Calverley Road, Royal Tunbridge Wells, TN1 2TU

The available property comprises a parade of 11 well configured, fully glazed, retail units offering modern retail floor space at ground floor level with storage at lower ground floor level. Built in the mid 1960's as a mixed retail and offices scheme. In recent years the offices across the upper floors have been vacated and converted into 85 flats, which are currently let to a range of tenants. The retail units all benefit from their own self-contained basement accommodation. There is however an area of approximately 5,000 sq. ft (464 sq. m) that may lend itself to alternative uses, subject to the necessary planning consents.

Calverley House is located opposite the town's main pedestrianised area and is also opposite the Royal Victoria Place Shopping Centre which is home to 306,000 sq. ft. of covered retail space. Planning has been granted for refurbishment and extension of the shopping centre including a new entrance which will increase footfall.





Location Highlights



Royal Tunbridge Wells is an attractive and affluent Kent spa town, situated 35 miles southeast of London, 30 miles north of Brighton and 19 miles east of Crawley, with a population of 118,054. The town boasts one of the most affluent catchment populations in the UK and a strong retailing centre.

By road the town is well connected via the A21, which links Royal Tunbridge Wells to junction 5 of the M25 to the north, and Hastings to the south. Also, to the south, the A26 connects the town with Brighton and Eastbourne.




Specification



Unbroken parade of 11 retail units and ancillary.
Annual contracted rent of £293,750.
AWAULT of 5.75 years to lease expiry and 2.96 to break.
Long Leasehold interest (999 years from 2018).
For full specification details, please speak to one of our agents.



Viewing



Strictly by appointment only.

Key Features

- Prime location

- 11 retail units

- Affluent area

- Ground floor retail space

- Self-contained basement accommodation

- 5,000 sq ft. alternative use space

- High footfall area

- Long leasehold


( Agency Pilot Software ref: 111285 )